Motilal Oswal: Fleeting economic improvements not sustainable: Motilal Oswal

Sounding a note of caution on over-enthusiasm on a likely economic recovery, Motilal Oswal Financial Services on Wednesday said that these improvements may not be sustainable. The 9-year high PMI and several high frequency indicators in September have raised hopes of a grand festive season. Attributing the recent uptick in growth trends to base effect … Read more